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that stand to be the big winners. >>> plus, cnbc's rise above road trip continues. next stop, nevada. jane wells looking at how snaene majority leader harry reid's state is handlingle upcoming fiscal cliff. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of t
has to win iowa, colorado, and nevada. melissa: that's a lot. >> to do that you're 269. melissa: that is lot. >> go to house speaker john boehner and house votes. melissa: i see rove in the elevator. come on, tell me. they're like, you know, this could happen. you're like, no, no, tell me who is going to win. >> one more thing on this. i know this is a business show and you're at 7.9% unemployment. if the president does win re-election he will defy economic and political gravity. melissa: that's true. >> the stories that will be written about his ground game, in states like ohio, that he won in 2008 but did not abandon. he still paid staffers to keep the field offices open for the past four years. watch for that story. melissa: that is what, what you mean by ground game, staying there? >> that's right. melissa: hemmer, thanks so much. what an exciting night the next 24 hours. if early voting lines are any indication there will be overwhelming turnout. over 90 million people are expected to cast ballots. election firms coast to coast are brazing for potential problems by the way
, new york state still at 83 weeks. california, 73 weeks. nevada, 73 weeks. you know how the unemployment rate is in nevada. those people are really hurting out there. mark zandi, a lot of people go to him for his thoughts on economy. he believes the unemployment benefits is the most beneficial element to the economy in the short term. do you agree with him? >> no. not to bore our listeners with this keynesian nonsense you print pieces of paper that somehow stimulates the economy. it doesn't. you focus how you enable people to get through a very rough patch that had nothing to do with them. how do you it in a way that doesn't perpetuate unemployment but allows people to get jobs even if it is not what they want at least get back on their feet. in terms of the economy, don't do it in the macro thing to help the economy. no. focus does it enable people to get through a rough patch and get people back on their feet. bill: or do you take the other argument and suggest the more unemployment you receive the less incentive it is for someone to actually find a job? >> well, the b
, may have given them the margin of victory in colorado, nevada, and virginia glaen glen when the latino voters turned out, 71% of them voted for the president. ray suarez, thank you for all your good work from chicago. >> suarez: thanks a lot, gwen. >> woodruff: we'll devote much of the rest of the program to the events of last night and the coming days including what worked and what didn't; what the voters endorsed what's ahead in the president's second term. plus, shields and brooks. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: wall street had its worst day of the year, amid worries about continuing divided government in washington and bad news out of europe. the dow jones industrial average lost nearly 313 points to close at 12,932. the nasdaq fell 74 points to close at 2,937. for more on what happened, i spoke earlier with economist hugh johnson, who runs his own investment services company in albany, new york. so, mr. johnson, tell me, how do we distribute the weight of what's pull the market down? is it the fears in europe? is it the fears about t
of nevada. he beat romney by five points in new hampshire, the state romney's family spends his summers. late last night virginia was called in the president's favor. and more than hurricane sandy, the employment rate, or even the auto bailout what proved decisive was cold, hard demographics. as the obama campaign predicted more than a year ago the white portion of the electorate would drop and it dropped from 74% to 72% in 2012. the president may have won just 39% of white voters but he carried nearly eight in ten nonwhite voters including a whopping 93% of african-americans. 71% of had a tinos, and 73% of asian voters. and despite all the predictions young voters wouldn't turn out, they made up a higher percentage of the electorate than they did four years ago. that's right. a higher percentage of the electorate. romney also fell short on the issue which was supposed to be his calling card for office and which voters picked as their top concern, the economy. nearly as many said the president would be the best to better handle the economy. 49%/48% there. and they picked the president o
deal over the gulf oil spill that could cost the oil giant billions. that's straight ahead. >>> nevada congressman joe heck will join us, nascar driver kurt busch, dr. sanjay gupta is with us, dutch ruppersberger and "twilight" actress, elizabeth reaser. "starting point" begins right now. morning. welcome, everybody. our team this morning, charles blow on the other side of me is with us, "new york times" columnist. stephen baldwin next to me, actor, of course. international editor for "time." and "early start" co-anchor, john berman. worry talking about president obama, who seems prepared to fight on a couple of critical fronts right now, during his very first news conference since he won re-election. drawing what seemed to be a pretty red line for republicans, first one on taxes and the fiscal cliff. >> when i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we could afford and, according to economists, will have the loeea positive impact on our economy. >> he also wanted republicans to be aware he is supporting u.s. ambassador to the u.n., susan rice. she, init
, young people flying to arizona, to nevada, working side by side to build this country back up. not just hard infrastructure, but working in day care centers, child care centers. this could be a generation-defining thing that would be more economically efficient than putting people back to work. >> just to take all the toy out of the idea of us think being a progressive future. the reality is the last time that we did an attack on the economic problem, the economic crisis, governors were given money, right, in the stimulus. but what did most of them do? they reduced their public sector work force. most of the job decline has been because governors, states directly -- >> so did the federal government. >> but wait, wait. that was after the stimulus money wore out. the stimulus money that was given to states and local governments, about $240 billion kept local -- public servants at work, kept governments from laying off people, kept governments fixing the potholes. and that wore out, we didn't replace it. >> but at the federal level, we had also reductions in the federal work force. we're g
are investors taking a gamble in nevada? >> there's not a lot of confidence out there now. rise above road trip, continuing coverage throughout the day on cnbc. >> welcome back to "squawk on the street," as we count down to the breaking news due out at the top of the hour, impending home sales are down. the price target now stands at 16 bucks a share, they are optimistic as we come to the january launch of blackberry. don't take into account the positive tail wind that blackberry will have. we have had a number of analysts out there recently who have raised their price targets as well as estimates and ratings. >> okay, let's get some breaking news now, on home stats. >> good morning, simon, we're here outside bankruptcy court in white plains new york for the latest in the saga of the hostess bankruptcy. liquidation, now the courtroom is reconvening to hear arguments about whether some 19 hostess executives should be getting a retention payout of $1.75 million, these so called bankruptcy bonuses. the interest is not necessarily the amount of the payoff going to the executives, but the fact that
. president obama held on in nevada. why? for years no primary challenge. remember, they spent money, they identified, they turned out all the latino voters. colorado, suburban voters, latino voters. the president held onto that one. you were impressed by it, they outhustled governor romney. they held onto iowa, a state governor romney was so confident they were going to get. the republican governor put registration at parody. the republicans thought they could get it. they got outhustled again. wisconsin, the paul ryan pick was not enough. state blue dna. >> scott walker won would have a shot. >> one lesson we learn second-degree that mid-term elections are not presidential elections. obama people said african-american turnout will come back and it did. latino would come back, and it did. this is what you end up with. all of the states i turned blue were states at one point or another the romney campaign felt comfortable and a few felt very comfortable about. president obama outhustled them and ran the board. the luxury of no primary, all that spending on turnout. but look, they wer
by 58% to 40% in florida, 87% to 10% in colorado, at 80% to 17% in nevada, and 60% to 31% in virginia. we will go to one of the swing state in this election now. -- a swing states in this election now. caller: i love the statement that he made about self deportation. absolutely right. that is basically what the gop party is doing, not just to latinos, but everyone else. it is basically 47%. one of the things i would like to mention -- i wrote this over 20 years ago -- we had 36 men in mexico who controlled 54% of mexico's gross national product. how much can they need to buy? i am sick and tired of the 36 men in mexico -- the number of men in the united states, canada, central america, south america, europe and asia, etc., whose lust for more greed and power is destroying the entire planet for man and beast. that bothers me. i feel that they spend their lives living off a bus. -- off of us. as long as we obey their roles, everything is ok. -- off of us. as long as we obey their rules, everything is ok. guest: i think that oftentimes, the process that is taken in -- to having a greater
. this time two years ago in maryland and colorado, in nevada, for example. they had a relatively easy win. but they, obviously, didn't materialize. hey, mike, thanks as usual for joining us. mike allen from politico. >> wolf, thank you for your great coverage. >> suzanne? >> a cough election battle, but president obama is already staring down what may be the biggest challenge of his second term. we're talking about keeping the country from going over that imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increas
know, nevada went obama and then missouri and then it was the final projection because of ohio, right? >> because of ohio. missouri went for governor romney. as you watched early on, you knew coming in that governor romney had a harder path to 270. you knew he needed this. we haven't called that yet. the president is leading now. it is blue on this map because that is the vote total. you knew he needed this, he needed virginia and ohio and somewhere else. as we watched the vote results come in, we could start here in ohio, a point early on, if you look at this, look at the map, you say look at all that red, the republican had to win. but you look up here and you asked me earlier about surprises, one of the surprises was it came in, where it came into play, was the obama campaign did exactly what it said it would do. without a primary challenge, it spent months and millions saying let's find all these african-american voters in cuyahoga county, key place in cleveland, have their names, their contacts, turn them out and they did. 69 to 30. running for re-election as an incumbent in a ba
side in particular but even i would include the, um, dean heller of nevada who won on the republican side really ran separate from -- not against, but separate from the party platform and the president. you know, if you look at claire mccaskill, john tester, heidi heitkamp from north dakota, joe donnelly for sure in the -- in indiana, these are people who won because they weren't, because they were saying i'm an independent voice, i'm not going to be beholden to my party. and i think that you have an opportunity -- whether or not they take it or not is quite another question -- but you have an opportunity to have a new center in the senate. it will be mostly made up of democrats, unfortunately, but i think it could be interesting to watch all of those people and how they behave particularly when it comes to tax reform. i think that's one praise where they could be tremendously influential and be the bridge that sort of gets that done. >> terrific. i think we still have microphone assistance, and let's play stump the band or ask whatever you like about next year's power structure. i s
and made sense he would go up and buy up single family homes. he'd do it in florida, arizona, nevada, that was the argument. >> i think the mortgage market has to come back for the residential end user but i'd buy some land divisions, lot developments that will make sense over the next couple of years. >> behind the curtain of the commercial business. >> steven and i were talking a minute ago about retailers and e-commerce and we see a big impact from e-commerce when we buy a shopping center, we have to pay attention to our cost basis so that retailers who come in and occupy that space will have the ability to compete against e-commerce and do well and protect their profit margins so we're seeing retailers absorb. >> can they get there? >> they can. >> because they'll always have that nut. >> it depends what retailers. >> and the internet price is going to pivot off the bricks and mortar price. >> it depends what retailers. some soft goods. you look at the auto parts retailers and the dollar stores, those are neighborhood locations that just cannot be replicated via e-commerce so som
leader, the senator from nevada. >> the eyes of the world have been watching washington this week very closely. while they witnessed a lot of political wrangling, they also saw congress make some historic important decision and developed a -- developed. our country was literally on the verge of a disaster. was on the brink of a disaster. we were able to avert that disaster. i feel it's important -- could we have order, please? >> the senat will please come to order. we welcome to all our visitors. i want to remind you that the you are to be quiet under senate rules. >> i appreciated that he has stated on the floor. i've gotten to know him and speaker boehner especially the speaker. yet, it's not what the product we have here. the product we have here is one of compromise. winners. we're not trying to outline who the winners are. it's the american people. eso did my friend but that's the way legislation works that's the way compromise works. i can't let go who spoke about the new senators and the new members of congress who came here. i welcomed them all. but a result of the tea party d
and keep on going. in nevada they made up 40% of october sales up from 34% a year ago. that according to lps home price index. now bank of america alone has done over 100,000 short sales so far this year. and i spoke to a rep there who says they are well aware of the potential looming tax risks as are their customers. they say they would love to ramp up short sales but they're already doing them as fast as they can. i ask what happens if the tax relief is not extended? the source told me i would expect we start to get more customers saying i've talked to my tax adviser and i'm going to opt out of that short sale and we'll just take it to foreclosure. and, carl, that is exactly not what we want to hear as this housing recovery is really just gaining steam. >> wow. in your opinion diana would we start to see that, the impact in sales of existing and starting in january? >> well, starting in january you would start to see those short sales go away and that would mean more homes would go to foreclosure. short sales have really been saving this market keeping people out of foreclosure and
that the world has. he has designed 300 golf courses. seven of them are in nevada, operating now. he has won trophy after trophy after trophy. he has been swinging golf clubs since a little boy of four years old. he was always such a big star. i hope, arnold, you'll remember. you and winnie were traveling across the country. they stopped a long way from las vegas to have a hamburger and some french fries and a beer. they had very little money. they certainly were not going to gamble. they did not have the resources to do that. a young married couple flipped a roulette wheel and they bet on a double eight. and it hit it. and this is what arnold palmer wrote about this stroke of luck. "$35, talk about a couple of nice kids. we hustled back to our hotel room, -- naive kids. we hustled back to our hotel room. we propped a door against the hotel room -- we've brought a chair against the battelle room door. -- propped a chair against the hotel room door." in hindsight, he proudly did not need that $35 very much. but imagine how much it must have felt to a young married couple to starting out. we a
, and for that, we have them to thank. >> the majority leader from the senate of nevada. >> the american world has been watching washington very closely. they witnessed a lot of political wrangling and they also saw congressmen make historic and important decisions to avoid default on debt. our country was literally on the verge of disaster. one day left, we were able to get together and avert the disaster. this compromise that we have reached is not perfect. i feel it is important -- can we have order, please? >> n.v. said it will please come to order. we welcome all our visitors and a disturbance is prohibited under the senate rules. the majority leader may proceed. >> i appreciate the kind words that my counterparts have said on the floor. i have gotten to know him and speaker boehner better over this past month. even though i disagree with the direction the legislation took with no bipartisan support of all, it is not the product that we have here. it is not trying to outline to the winners are, the winners are the american people. we settled for less than we wanted and so did the republic
. >> callerare you there? we will try paul and boulder city nevada back your democrats line. paul, hello? >> caller: thank you for c-span. watching the president's comments, he's not going to take a hardline on whether the attacks which are going to go back to the clinton era. i don't understand why this president is not, i mean, as before, i hope we're not seeing a repeat, you know, the progressives and liberals really push him over the line along with labor. you know, he's got to take a stronger stance because the republicans, mitch mcconnell and cantor and boehner, they are not, you know, really acknowledging that the people have sent the message to them. that they want this president agenda, and they want them to work together. they are not acknowledging that. okay, i understand what he's trying to say to take your of the middle class first, but as far as i'm concerned, you know, 39.6%, you know, is more than reasonable. i think after they've had almost 12 years of tax breaks and 300% growth in the last 30 years in the upper 1%, i think they ought to be paying maybe 40%. >> host: pau
Search Results 0 to 30 of about 31 (some duplicates have been removed)

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